« previous next »

Author Question: Fiscal policy has a greater impact in a closed economy than it does in an open economy. Indicate ... (Read 131 times)

cmoore54

  • Hero Member
  • *****
  • Posts: 568
on: Jun 29, 2018
Fiscal policy has a greater impact in a closed economy than it does in an open economy.
 
  Indicate whether the statement is true or false

Question 2

Consumer surplus in a market for a product would be equal to the area under the demand curve if
 
  A) the product was produced in a perfectly competitive market.
  B) marginal cost was equal to the market price.
  C) the market price was zero.
  D) producer surplus was equal to zero.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


cloud

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Volcanic plateaus (red) and impact basins (blue) dominate this topographic map of Mars Volcanic plateaus (red) and impact basins (blue) dominate this topographic map of Mars
This modified model of Easton’s systems theory puts government decision makers as the source of pol This modified model of Easton’s systems theory puts government decision makers as the source of pol
The “Flat Head” (Chinook) Indians acquired their name through shaping in infancy, as shown in a diag The “Flat Head” (Chinook) Indians acquired their name through shaping in infancy, as shown in a diag
Creede, Colorado, circa 1890, a rough silver mining town that grew from 660 people in 1889 to over 1 Creede, Colorado, circa 1890, a rough silver mining town that grew from 660 people in 1889 to over 1
Using a DMM to measure the open-circuit voltage of a battery. Using a DMM to measure the open-circuit voltage of a battery.
La Niña: The impact of natural cycles La Niña: The impact of natural cycles
Video: Secondary Active Transport

For a complete list of videos, visit our video library